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You are welcomed to apply. Your receipt of this product does not imply you have been prequalified or pre-approved for any service or product we provide. This is not a dedication to lend; you should submit additional details for review and approval.

Merrill Lynch, Pierce, Fenner & Smith Inc., does not make commitments for or fund loans. Bank of America, N.A., (the "Bank") does not serve in a fiduciary capacity with respect to all service or products. Fiduciary requirements or fiduciary duties do not apply, for instance, when the Bank is offering or supplying credit solutions, banking or custody services or recommendations to other affiliates of the Bank.

1You are invited to use for a Home Equity Credit Line (HELOC). This is not a dedication to provide; you should submit additional information for evaluation and approval.

The term of a HELOC is 30 years: 10-year draw period, 20-year payment period. Residential or commercial property insurance coverage is always required and flood insurance coverage is needed where essential. Certain residential or commercial property types are not qualified security. If you choose the Interest Only Option, throughout the Draw Period the minimum monthly payment will be the amount of accumulated interest, plus any unsettled fees. Under the Amortizing Payment Option, the variable minimum monthly payment for both the Draw Period and the Repayment Period will be a quantity adequate to repay the exceptional balance in principal and interest payments over the staying term at the suitable APR, subject to a minimum payment of at least $100. The minimum line quantity is usually $25,000, however lines as low as $15,000 are offered in specific areas. Bank of America pays all closing expenses on lines up to and consisting of $1,000,000.
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2 Please consult your tax advisor regarding interest deductibility.

3 Fixed-Rate Loan Option at account opening: You might convert a withdrawal from your home equity line of credit (HELOC) account into a Fixed-Rate Loan Option, resulting in fixed month-to-month payments at a fixed rates of interest. The minimum HELOC quantity that can be transformed at account opening into a Fixed-Rate Loan Option is $5,000 and the optimum amount that can be converted is restricted to 90% of the optimum line amount. The minimum loan term is 1 year, and the optimum term will not go beyond the account maturity date.

Fixed-Rate Loan Option throughout loan term: You may transform all or a portion of your exceptional HELOC variable-rate balance to a Fixed-Rate Loan Option, resulting in repaired monthly payments at a set rate of interest. The minimum outstanding balance that can be transformed into a Fixed-Rate Loan Option is $5,000 from an existing HELOC account. The minimum loan term is 1 year, and the maximum term will not go beyond the account maturity date. No greater than 3 Fixed-Rate Loan Options may be open at one time. Rates for the Fixed-Rate Loan Option are generally higher than variable rates on the HELOC.

HELOC funds may not be utilized to acquire, carry or trade securities or pay back debt sustained to acquire, carry or trade securities.

4 Lower your rates of interest when you established automatic payments at account opening from your Bank of America examining or cost savings account; by drawing and maintaining an initial qualifying balance for at least the first three billing cycles; and when you're enrolled in Bank of America's Preferred Rewards program at the time of application submission.

5 Preferred Rewards Program Eligibility: You can register, and keep your subscription, in the Bank of America Preferred Rewards ® program if you have an active, eligible personal monitoring account with Bank of America ® and keep the balance required for one of the balance tiers. The balance tiers are $20,000 for the Gold tier, $50,000 for the Platinum tier, $100,000 for the Platinum Honors tier and $1,000,000 for the Diamond Honors tier. Balances include your combined, qualifying Bank of America deposit accounts (such as inspecting, cost savings, certificate of deposit) and/or your Merrill financial investment accounts (such as Cash Management Accounts, 529 Plans). You can please the combined balance requirement for enrollment with either:

1. a three-month integrated average day-to-day balance in your certifying deposit and financial investment accounts, or
2. an existing combined balance, supplied that you enroll at the time you open your very first eligible individual bank account and satisfy the balance requirement at the end of at least one day within one month of opening that account.
   
   Refer to your Personal Schedule of Fees for details on accounts that qualify towards the combined balance calculation and get program advantages. Eligibility to enroll is normally readily available 3 or more company days after completion of the calendar month in which you please the requirements. Benefits end up being efficient within one month of your enrollment, or for new accounts within 1 month of account opening, unless we suggest otherwise. Bank of America Private Bank customers qualify to register in the Diamond Honors tier regardless of balances. Certain advantages are likewise offered without enrolling in Preferred Rewards if you satisfy balance and other requirements. For details on Bank of America employee qualification requirements, please call Employee Financial Services or refer to the Bank of America intranet website. Employees of business taking part in the Bank of America Employee Banking and Investing Program might be qualified to get involved on customized terms. Describe CEBI Program for details.
   
   6 Preferred Rewards Home Equity Line of Credit. Home Equity Line of Credit (HELOC) interest rate discounts are offered to clients who are registered or are qualified to enlist in Preferred Rewards, based upon their rewards tier at the submittal of home equity application (for co-borrowers, at least one applicant needs to be registered or eligible to enlist). Amount of discount (0.125% for Gold tier, 0.250% for Platinum tier, 0.375% for Platinum Honors tier, and 0.625% for Diamond Honors tier) is based upon the at the submittal of home equity application and is exempt to change after the application is submitted. Benefit is non-transferable. Preferred Rewards home equity benefit can be combined with specific other home equity interest rate discount rates. Credit and security subject to approval. Terms and conditions apply. Programs, rates, terms and conditions subject to alter without notice.
   
   Banking, mortgage and home equity products are offered by Bank of America, N.A., and connected banks, Members FDIC and entirely owned subsidiaries of Bank of America Corporation. Bank of America, N.A. Equal Housing Lender. Credit and collateral undergo approval. Conditions apply. This is not a dedication to lend. Programs, rates, terms and conditions are subject to change without notice.